Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.087%
Price spread now: Kraken Futures against Injective+1.345%7-day average +0.619% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.393%+$39 on $10k
+Price spread, last 3 days (all we have)−0.458%−$46 · spread now +1.345%, 7d avg +0.619%
=The price spread pays, funding is against you. Kraken Futures is 0.726% dearer against Injective than usual: you sell high and buy low (spread +1.345% now, against its 7-day average of +0.619%): +$73 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 days. Mind the row above: over the last 4 days funding on this pair paid +0.393%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective VET/USDC PERP | 0.009180 | −0.0215 | get 0.0027% / 1h | 38m 41s | $7 | $152K | 12x |
| Short | Kraken Futures PF_VETUSD | 0.009303 | −0.0310 | pay 0.0039% / 1h | 38m 41s | $131K | $112K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.1
- Price spread: +1.345% → +0.619%
- $72.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $42.51
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 38 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 38 min ago | 8.09 bp | 1488.8 bp −$1,489 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VET on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_VETUSDshort | −0.0310% | 1h | 0.009303 | +1.345% | $131K | $112K | 10x | |
| Injective VET/USDC PERPlong | −0.0215% | 1h | 0.009180 | long leg | $7 | $152K | 12x | |
| gTrade (Gains Network) VET/USD | L −0.0001% / S +0.0006% | 1h | 0.009292 | +1.219% | $4K | — | 150x | as long as short |
| Binance VETUSDT | +0.0100% | 8h | 0.009264 | +0.915% | $6.5M | $15.2M | 75x | as long as short |
| Bybit VETUSDT | +0.0100% | 8h | 0.009255 | +0.817% | $6.1M | $3.9M | 75x | as long as short |
| Gate VET_USDT | +0.0100% | 8h | 0.009285 | +1.144% | $510K | $221K | 25x | as long as short |
| MEXC VET_USDT | +0.0100% | 8h | 0.009262 | +0.893% | $8.3M | $1.3M | 125x | as long as short |
| KuCoin VETUSDTM | +0.0100% | 8h | 0.009270 | +0.980% | $5.4M | $3.9M | 50x | as long as short |
| Bitget VETUSDT | +0.0100% | 8h | 0.009277 | +1.057% | $5.1M | $1.9M | 50x | as long as short |
| BingX VET-USDT | +0.0100% | 8h | 0.009266 | +0.937% | — | $2.5M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni VET | +0.0100% | 8h | 0.009291 | +1.207% | $28K | $410 | — | as long as short |
| BloFin VET-USDT | +0.0220% | 8h | 0.009290 | +1.198% | $404K | $527K | 75x | as long as short |
Injective VET/USDC PERP
Kraken Futures PF_VETUSD
gTrade (Gains Network) VET/USD
Binance VETUSDT
Bybit VETUSDT
Gate VET_USDT
MEXC VET_USDT
KuCoin VETUSDTM
Bitget VETUSDT
BingX VET-USDT
Variational Omni VET
BloFin VET-USDT